Citi Reiterates Buy On WCC

Citi has issued a report reiterating the Buy Rating on WESCO International WCC. According to the report, "Buy-rated WESCO has its mojo back, posting 13% organic revenue growth on 150bps Y/Y EBIT margin improvement, equating to an impressive 62% pull-through margin, all sending WCC up 5.6%." WCC has a $71 Price Target and closed at $55.40 a share yesterday.